Wasatch Emerging Markets Fund Market Value
| WAEMX Fund | USD 2.83 0.01 0.35% |
| Symbol | Wasatch |
Wasatch Emerging 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Wasatch Emerging's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Wasatch Emerging.
| 06/24/2023 |
| 06/13/2025 |
If you would invest 0.00 in Wasatch Emerging on June 24, 2023 and sell it all today you would earn a total of 0.00 from holding Wasatch Emerging Markets or generate 0.0% return on investment in Wasatch Emerging over 720 days. Wasatch Emerging is related to or competes with Wasatch International, Wasatch International, Wasatch Frontier, Wasatch Micro, and Wasatch Global. The fund invests primarily in small companies tied economically to emerging markets More
Wasatch Emerging Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Wasatch Emerging's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Wasatch Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.47 | |||
| Information Ratio | 0.0621 | |||
| Maximum Drawdown | 4.82 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 2.02 |
Wasatch Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wasatch Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wasatch Emerging's standard deviation. In reality, there are many statistical measures that can use Wasatch Emerging historical prices to predict the future Wasatch Emerging's volatility.| Risk Adjusted Performance | 0.1905 | |||
| Jensen Alpha | 0.1057 | |||
| Total Risk Alpha | 0.0908 | |||
| Sortino Ratio | 0.0518 | |||
| Treynor Ratio | 0.2744 |
Wasatch Emerging Markets Backtested Returns
At this stage we consider Wasatch Mutual Fund to be somewhat reliable. Wasatch Emerging Markets shows Sharpe Ratio of 0.12, which attests that the fund had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wasatch Emerging Markets, which you can use to evaluate the volatility of the fund. Please check out Wasatch Emerging's Mean Deviation of 0.8291, market risk adjusted performance of 0.2844, and Downside Deviation of 1.47 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. The entity maintains a market beta of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Wasatch Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wasatch Emerging is expected to be smaller as well.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Wasatch Emerging Markets has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Wasatch Emerging time series from 24th of June 2023 to 18th of June 2024 and 18th of June 2024 to 13th of June 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wasatch Emerging Markets price movement. The serial correlation of -0.71 indicates that around 71.0% of current Wasatch Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Wasatch Emerging Markets lagged returns against current returns
Autocorrelation, which is Wasatch Emerging mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Wasatch Emerging's mutual fund expected returns. We can calculate the autocorrelation of Wasatch Emerging returns to help us make a trade decision. For example, suppose you find that Wasatch Emerging has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Wasatch Emerging regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Wasatch Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wasatch Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wasatch Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Wasatch Emerging Lagged Returns
When evaluating Wasatch Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wasatch Emerging mutual fund have on its future price. Wasatch Emerging autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Wasatch Emerging autocorrelation shows the relationship between Wasatch Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Wasatch Emerging Markets.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Wasatch Mutual Fund
Wasatch Emerging financial ratios help investors to determine whether Wasatch Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wasatch with respect to the benefits of owning Wasatch Emerging security.
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